Bangkok retailers stock up for shutdown

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tescolotusWholesalers and retailers in Bangkok are adjusting their inventory and logistics strategies to ensure that they have adequate supplies of consumer goods and foods and do not need to raise prices during the “Bangkok shutdown” planned by anti-government forces from January 13, The Nation reported.

Speaking after a meeting with wholesalers, retailers, fresh-market enterprises and modern traders, Yanyong Phuangrach, caretaker deputy commerce minister, insisted that retail stocks and prices would be kept under control by businesses while the capital city comes under siege. The Commerce Ministry has also set up a center designed to mitigate the impact on consumers during this unusual situation.

“Businesses have increased their inventories of essential goods and foods from 10 days to 15-30 days. They have also prepared transport such as motorcycles and tuk-tuks to ensure that their shipments are not interrupted,” Yanyong said.

The ministry’s Internal Trade Department will also send out a special task force to inspect prices at supermarkets, fresh markets, and retail shops across Bangkok during the siege.

Voravit Charoenwattnanapan, president of the Thai Transportation and Logistics Association, said logistics providers would serve their clients normally. He pointed out that goods traders had already increased their stocks by 5-10 per cent. Logistics providers have also prepared various means of transport including small trucks to deliver goods from warehouses outside Bangkok to traders and consumers on time.

Suwit Kingkaew, senior vice president of CP All, operator of 7-Eleven convenience stores, said the company had instructed its branches in metropolitan Bangkok to stock two or three times more goods than normal. He said the demonstration should not affect goods deliveries for 7-Elevens, as normally these are done after midnight. Prices would not be changed.

Big C and Tesco Lotus stores will also remain open during the siege, operators said.

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Reading Time: 1 minute

Wholesalers and retailers in Bangkok are adjusting their inventory and logistics strategies to ensure that they have adequate supplies of consumer goods and foods and do not need to raise prices during the “Bangkok shutdown” planned by anti-government forces from January 13, The Nation reported.

Reading Time: 1 minute

tescolotusWholesalers and retailers in Bangkok are adjusting their inventory and logistics strategies to ensure that they have adequate supplies of consumer goods and foods and do not need to raise prices during the “Bangkok shutdown” planned by anti-government forces from January 13, The Nation reported.

Speaking after a meeting with wholesalers, retailers, fresh-market enterprises and modern traders, Yanyong Phuangrach, caretaker deputy commerce minister, insisted that retail stocks and prices would be kept under control by businesses while the capital city comes under siege. The Commerce Ministry has also set up a center designed to mitigate the impact on consumers during this unusual situation.

“Businesses have increased their inventories of essential goods and foods from 10 days to 15-30 days. They have also prepared transport such as motorcycles and tuk-tuks to ensure that their shipments are not interrupted,” Yanyong said.

The ministry’s Internal Trade Department will also send out a special task force to inspect prices at supermarkets, fresh markets, and retail shops across Bangkok during the siege.

Voravit Charoenwattnanapan, president of the Thai Transportation and Logistics Association, said logistics providers would serve their clients normally. He pointed out that goods traders had already increased their stocks by 5-10 per cent. Logistics providers have also prepared various means of transport including small trucks to deliver goods from warehouses outside Bangkok to traders and consumers on time.

Suwit Kingkaew, senior vice president of CP All, operator of 7-Eleven convenience stores, said the company had instructed its branches in metropolitan Bangkok to stock two or three times more goods than normal. He said the demonstration should not affect goods deliveries for 7-Elevens, as normally these are done after midnight. Prices would not be changed.

Big C and Tesco Lotus stores will also remain open during the siege, operators said.

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